The debt to equity ratio is expressed in terms of
A) a percentage.
B) dollars.
C) units.
D) times.
D
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An increase in accounts receivable is reported on the statement of cash flows under the indirect method as an addition
a. True b. False Indicate whether the statement is true or false
For ratification to be effective, the:
A. agent must have the capacity to complete the unauthorized act and ratify it. B. agent cannot disclose the name of the principal. C. principal must have been in existence at the time of the agent's action. D. necessity of the principal should not be served by subagents.
When considering whether to replace the building roof, the total amount paid for previous roof repairs is relevant to the business decision
Indicate whether the statement is true or false
The financial budget of a merchandising company is similar to that of a manufacturing company
Indicate whether the statement is true or false